–AAA says the average price for a gallon of regular unleaded gasoline is now $5.03 in Illinois, up from $4.97 on Tuesday. Illinois imposes a fuel tax of 48.3 cents per gallon. The Illinois House Insurance Committee has unanimously passed legislation to expand health insurance coverage that includes rehabilitative and habilitative services for children…
Humana’ s Medicaid managed care plan, Healthy Horizons in Louisiana, has committed more than $1 million in strategic investments to expand access to care, address chronic disease, and strengthen behavioral and maternal health supports across Louisiana. “Louisiana families deserve opportunities for better health— no matter where they live,” said Michelle…
Producer prices rose 6% from a year earlier, the highest point in more than three years, as the Iran war pushes up energy prices and intensifies pressure on companies to pass along their rising costs to consumers. All of the numbers released Wednesday caught economists off guard and altered the dynamic at the U.S. Federal Reserve and its fight against inflation.
Danny W. Seibel, 55, of Lindsay, was indicted Dec. 3, 2025, on 18 crimes outlined in a 19- page indictment issued by a federal grand jury in Oklahoma City's Western District federal court. The First National Bank of Lindsay was closed Oct. 18, 2024; the Federal Deposit Insurance Corp. was named receiver; and the bank's insured deposits were transferred to First Bank&…
Binance says its AI-powered security systems have blocked more than $10.5 billion in potential fraud losses since early 2025, with the exchange intercepting nearly 23 million phishing attempts in the first quarter of 2026 alone, as the cost of launching AI-assisted crypto attacks falls to as little as $1.22 per contract.
May 12— Brad Heppner, the founder of Beneficient, a Dallas- based financial services company, was convicted by a jury late last week on numerous fraud charges related to a multiyear, $150 million loan scheme. "Heppner used shell companies to hide his scheme," U.S. Attorney Jay Clayton said in a statement. Benjamin O'Neil, a Washington, D.C.- based lawyer who served as…
The core allegation is that United Healthcare falsely accused Merchia of healthcare fraud, which led to his indictment and arrest in Massachusetts, causing reputational and business harm in the District of Columbia and nationwide. The alleged defamation occurred when United Healthcare reported to the Massachusetts Insurance Fraud Bureau and law…
Cryptocurrency miner MARA Holdings (NASDAQ: $MARA) has sold $1.5 billion U.S. worth of Bitcoin (CRYPTO: $BTC) as it expands into artificial intelligence (A.I.) data centres. In its first-quarter earnings statement, the company said it sold the BTC to improve its liquidity and retire debt associated with its pivot to running A.I. data centres.
U.S. producer prices jumped the most since 2022 last month as the Strait of Hormuz energy shock continued to feed through the inflation pipeline, adding fresh concerns over the Federal Reserve’ s rate outlook.. The rate of increase in the headline Producer Price Index climbed from an upwardly revised 4.3% year-over-year in March to a whopping 6% in April, the…
The following information was released by the Consumer Bankers Association:. Consumer Bankers Association President and CEO Lindsey Johnson issued the following statement in response to the U.S. Senate voting to confirm Kevin Warsh as a Board member for the Federal Reserve, appointed to a 14- year term:. "CBA congratulates Kevin Warsh on his confirmation to…
The following information was released by the Insurance Information Institute:. As pet ownership rises across the United States, so do the financial, liability and insurance considerations that come with it, according to the Insurance Information Institute's latest members-only Issues Brief, Pet Insurance: State of the Risk. "Pets are deeply integrated into…
Empathy, the technology company transforming how the world plans for and navigates life’ s hardest moments, and LIMRA, today announced new research examining how the life insurance claims experience shapes long-term customer relationships. U.S. life insurers pay out almost $100 billion in death benefits each year, yet fewer than one in ten beneficiaries go on…
Oklahoma’s current approach to insurance pricing operates like a tax increase imposed without public oversight of whether that tax is excessive.
Today's U.S. CPI backs the new chair of the Federal Reserve into a corner on interest rate cuts, warns the CEO of one of the world's largest independent financial advisory organisations. The warning from Nigel Green of deVere Group comes as fresh inflation data and a geopolitical energy shock collide with a politically charged transition at the Federal…
West Virginia hospitals charge commercial insurance prices that are among the highest in the United States, according to a report released Thursday. According to the report, West Virginia hospitals charged on average prices that are 337% of the rate that Medicare charges for the same services. The report, from healthcare consumer advocacy organization…
HARTFORD, CT— State officials marked Mental Health Awareness Month Monday by restating Connecticut's commitment to ensuring that health insurers provide their customers with equitable access to mental health treatment Tuesday during a news conference at the state Capitol. Ned Lamont, Attorney General William Tong, Comptroller Sean Scanlon, and state Rep.
More than 40,000 pregnant people in Texas waited more than a month for the state to process their Medicaid applications— which an advocacy group said could delay vital prenatal care. Medicaid covers almost half of all births in Texas— representing more than 185,000 births in 2023. Texas is one of 10 states that hasn't expanded Medicaid to include low-income…
The Bowdon City Council on Monday approved Munich Re's quote of $125,819 to provide liability insurance for all city equipment and buildings. The issue has significant statewide impact on all Georgia cities and how municipal liability is applied, and many cities across the state have formally lent their support to Milton, including cities in west Georgia.
Data: KFF; Note: Enhanced ACA subsidies began in 2021 and ended in 2025.; Chart: Zachery Eanes/Axios The number of North Carolinians enrolled in health insurance plans through the Affordable Care Act has fallen significantly this year. More than 200,000 fewer people are getting insurance via the program this year, according to data compiled by KFF. Why it matters: The drop came…
